Manufacturing Skill Standards Council

Analysis

Manufacturing Skill Standards Council is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Manufacturing Skill Standards Council reported income of $4.8m and spending of $4.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $4.8m (+4.7%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Manufacturing Skill Standards Council sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Prairie Opportunity Inc ($4.8m), Economic Growth Foundation ($4.8m) and Grand Traverse Industries Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 80% of the total. Compensation of current officers, directors and key employees was $655k (15% of expenses). Other salaries and wages came to $633k. At year end it held assets of $1.7m against liabilities of $156k, net assets of $1.6m. It reported 10 employees.